Registered number: 04486879 | ||||||||
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FOR THE YEAR ENDED 31/03/2018 | ||||||||
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Prepared By: | ||||||||
Limelight Accountancy Limited | ||||||||
99 Weyhill | ||||||||
Haslemere | ||||||||
Surrey | ||||||||
GU27 1HT |
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Tracklink UK Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2018 | ||||||||
DIRECTORS | ||||||||
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SECRETARY | ||||||||
Ms Ann Carol Gallihawk | ||||||||
REGISTERED OFFICE | ||||||||
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Surrey | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04486879 | ||||||||
ACCOUNTANTS | ||||||||
Limelight Accountancy Limited | ||||||||
99 Weyhill | ||||||||
Haslemere | ||||||||
Surrey | ||||||||
GU27 1HT |
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Tracklink UK Ltd | ||||||||
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ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2018 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
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Tracklink UK Ltd | ||||||||
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BALANCE SHEET AT
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2018 | 2017 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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CURRENT ASSETS | ||||||||||
Stock |
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Debtors | 4 |
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Cash at bank and in hand |
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348,691 | 346,090 | |||||||||
CREDITORS: Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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192,594 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 |
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Profit and loss account | 195,467 | 192,940 | ||||||||
SHAREHOLDERS' FUNDS |
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Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
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Tracklink UK Ltd | ||||||||
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NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2018 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Plant and Machinery | straight line 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Foreign Currency | ||||||||
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. |
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Tracklink UK Ltd | ||||||||
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2. TANGIBLE FIXED ASSETS | ||||
Plant and | ||||
Machinery | Total | |||
£ | £ | |||
Cost | ||||
At 01/04/2017 | 38,709 | 38,709 | ||
At 31/03/2018 | 38,709 | 38,709 | ||
Depreciation | ||||
At 01/04/2017 | 37,363 | 37,363 | ||
For the year | 1,346 | 1,346 | ||
At 31/03/2018 | 38,709 | 38,709 | ||
Net Book Amounts | ||||
At 31/03/2018 |
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At 31/03/2017 |
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1,346 | ||
3. STOCK | 2018 | 2017 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock |
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4. DEBTORS | 2018 | 2017 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 62,641 | 12,672 | ||||||
UK corporation tax | - | 838 | ||||||
VAT | - | 14,438 | ||||||
Other Debtors | 3,876 | 649 | ||||||
Directors current account | 9,381 | 11,896 | ||||||
75,898 | 40,493 | |||||||
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Tracklink UK Ltd | ||||||||
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5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2018 | 2017 | |||||||
£ | £ | |||||||
UK corporation tax | 33,841 | - | ||||||
VAT | 13,625 | - | ||||||
PAYE control | 1,970 | 5,081 | ||||||
Directors current account | 25 | - | ||||||
Trade creditors | 102,763 | 148,415 | ||||||
152,224 | 153,496 | |||||||
6. EMPLOYEES | ||||||
2018 | 2017 | |||||
No. | No. | |||||
Average number of employees | 4 | 4 | ||||
7. SHARE CAPITAL | 2018 | 2017 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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1000 | 1000 | ||||||
1,000 | 1,000 | |||||||
8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES | ||||||||
The following advances and credits to a director subsisted during the years ended 31 March 2018 and 31 March 2017: | ||||||||
Balance outstanding at start of year: £11,927 (2017: £15,708) Amounts advanced: Nil (2017: £3,781) Amounts repaid: £2,546 (2017: Nil) Balance outstanding at end of year: £9,381 (2017: £11,927) | ||||||||